PANews reported on December 10 that Klickl, a Web3 banking service provider headquartered in the UAE, announced the completion of an oversubscribed $25 million Series A financing round, with the company’s valuation reaching $125 million after this round of financing. This round of financing was jointly led by Web3Port Foundation and Aptos Labs, and other investors included Summer Ventures, Heritage Horizon Capital, V2 Capital, etc.

Klickl plans to use this round of financing to accelerate the development of global Web3 banking and launch Klickl Labs and Klickl Foundation in the fourth quarter of 2024.

As a strategic partner, Web3Port Foundation will support Klickl's expansion through its investment and acceleration platform and promote the large-scale application of Web3 technology. In addition, Aptos Labs also provides technical support to Klickl with its Layer 1 blockchain technology.